RRD Extends Existing Stockholder Rights ('Poison Pill') Plan - Global Paper Money

Click here for Pulp & Paper Radio International

The Paperitalo Library

The Paperitalo Library

White Papers/Downloads

PM 40 Companies

Cellulose Community

Paperitalo Resources

Paperitalo Supplier Directory

onlyPulpandPaperJobs.com

The Paperitalo Library

Inside PaperMoney

Paperitalo/Media Kit

Nip Impressions

Departments

Disconnected Comparisons

Insider Trading

Current News

Culture & Marketing

Corporate Finance

Labor & Union Actions

Major Expenditures

Market News of Note

Mergers & Acquisitions

Major Announcements

Operations Announcements

Facility Closures/Reductions

In Closing

Reference Library

AM Best Insurance News

Delaware Chancery Court

Fiduciary Developments

ICC News and Proceedings

Key Interest Rates

WTO News and Proceedings

Member Options

About Paper Money

RRD Extends Existing Stockholder Rights ('Poison Pill') Plan

CHICAGO (From news reports) -- R. R. Donnelley & Sons Company (RRD) announced that its Board of Directors has approved an amendment of the Company's stockholder rights plan to extend the final expiration date under the Rights Plan to August 28, 2021. The Rights Plan had been scheduled to expire on August 28, 2020.

The Board approved the one-year extension of the Rights Plan based on its determination that circumstances continue to warrant RRD maintaining the protections afforded by the Rights Plan. The Board noted that, given the Company's depressed stock price and the impact of the COVID-19 pandemic on the Company's business and on financial markets, there is heightened potential for one or more persons or groups to gain undue influence over or control of RRD through open market accumulation or other tactics. The Rights Plan does not prevent any action the Board determines to be in the best interest of the Company and its stockholders.

Under the terms of the Rights Plan as amended today, the rights under the Rights Plan will expire on August 28, 2021, unless the rights are earlier redeemed, exchanged or terminated.

The highest value mill directory in the US at the lowest price $34.20. Click for Instructional Video.

Related Articles:

RRD Survey: Marketers Embrace Technology to Strategically Integrate Print and Digital

RRD Expands Label Capacity to Enhance Efficiency and Support eCommerce

RRD GO Creative Recognized on Everest Group's Marketing Services PEAK Matrix® Assessment for Second Consecutive Year

Paper Excellence gives $4.5M back to B.C. after failing to re-start paper mill operations

Judge Approves Historic $12.5 Billion 3M Settlement to Clean America's Water Supplies

Federal judge dismisses class action lawsuit against Graphic Packaging

RRD Strengthens Marketing Services with Strategic Acquisition of Digital & Print Marketing Businesses from Vericast

Judge says lawsuit against New-Indy can move forward

Former Graphic Packaging Employee accused of stealing $1M of company's merchandise

Florida couple imprisoned for plywood duty evasion, to pay $44 million in fees for seized illegal wood

Login and voice your opinion!

Our Sponsors

Copyright © and Trademark PaperMoney ® 2006-2024 All Rights Reserved

A Paperitalo Publication/The Home of your Prospects (TM)

Copyright Statement | Privacy Statement | Terms of Service

Powered by Bondware

News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: